Depeg event

Noon USN depeg above peg — February 14, 2026 at 13:25 UTC

Detected under v1.0

USN moved above peg at 13:25 UTC on February 14, 2026, with a peak deviation of 5.69% at $1.06. The observation closed 6.2 hr later at 19:35 UTC with a recorded recovery price of $0.9991.

Event summary

Direction: above peg
Peak deviation: 5.69%
Started: February 14, 2026 at 13:25 UTC
Ended: February 14, 2026 at 19:35 UTC
Duration: 6.2 hr
Peg reference: $0.9998
Start price: $1.06
Peak price: $1.06
Recovery price: $0.9991

Related incidents

Other recent peggedUSD depegs

2026-07-27MAIpeak 19.2% below peg
2026-07-23MSUSDpeak 30.8% below peg
2026-07-21avUSDpeak 5.35% above peg

Other rwa-credit-fund incidents

2026-06-02apxUSDpeak 31.6% below peg
2026-03-23apxUSDpeak 12.6% above peg

Stablecoin

Noon USN (USN) →

USN is Noon's base dollar, minted 1:1 from USDC/USDT or short-term T-bills while yield accrues through separate sUSN.

Methodology pin: v1.0 changelog